Welcome to 1220 Oak Street, an exceptional commercial property for your 1031 Exchange. No Look Further! Situated in the heart of Bakersfield, this is your chance to secure a solid, income-producing Fee Simple asset in a highly sought-after area. - All leases include increases throughout their primary terms and options periods, providing an investor with an excellent hedge against inflation. - National Retail Tenant - Jack-in-the-Box (The building reverts to the landlord at the end of the term/last option period.) - Strong Visibility, Convenient Access via ingress/egress driveways on both California Ave and Oak St. - Meticulously maintained and in impeccable turnkey condition, ensuring that you can start generating income immediately without the need for costly renovations or upgrades. - Step into a well-oiled investment with predictable cash flow from day one. Located at the immediate corner of California Avenue and Oak Street, this property enjoys high visibility and easy accessibility, making it an attractive option for both tenants and customers. Its central position in Bakersfield ensures a constant flow of foot traffic. Bakersfield's vibrant commercial real estate market, combined with the future CA High-Speed train system development, this property presents an excellent investment opportunity with the potential for future appreciation.